Employees may not buy flashy new cars in celebration but there are probably going to be at least a few pairs of fancy new shoes on display around 12th Ave this week after Capitol Hill-headquartered start-up Walk Score’s big deal with Seattle-based online real estate company Redfin:
The real estate brokerage today is announcing the acquisition of Walk Score, a 10-person Seattle company that ranks millions of addresses across the country based on their walkability, bikeability or proximity to public transportation. It does this on a scale of 1 to 100 by measuring the distance from a specific addresses to certain neighborhood amenities, such as schools, restaurants, libraries and coffee shops.
Walk Score creates technology to measure walkability, bikeability and proximity to public transportation. You can check out your address’s score here. In 2012, the company secured a $2 million first round of financing.
The tie-up, Mobilisafe CEO Giri Sreenivas points out, marks the second recent successful “exit” for tenants of the Hunters Capital-owned Ballou Wright building on 12th Ave: